$PROVE – BEARISH MOMENTUM ACCELERATES, SHORT SETUP IN PLAY
$PROVE has plunged from the $1.7419 high, breaking multiple supports and sliding to $1.4092, marking a steep -17% drop. Sellers remain in firm control, with price trading near session lows and no signs of a strong bounce yet. A break below $1.3980 could trigger further downside toward recent lows.
Short Entry Zone: $1.4100 – $1.4250
Stop Loss: Above $1.4450
Targets:
TP1: $1.3980 (recent low)
TP2: $1.3750
TP3: $1.3500 if bearish momentum extends
Unless $PROVE reclaims $1.45 with strong volume, the bias remains bearish for the short term.